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PHOENIX -- You might be able to get rid of your reading glasses for good, thanks to new type of eye surgery that could help restore your vision.

Presbyopic lens implants, or the "PI in eye" procedure, removes fibers that prevent the eyes from changing shape when trying to see closer or further. Once those fibers are gone, the doctors inserts a lens that keeps the shape.

It could be more beneficial than LASIK.

"LASIK is done on the surface, and this is done inside the eye," explained eye specialist Dr. Rajesh Khanna.

The procedure takes about five to seven minutes per eye, and the recovery process is quicker than LASIK.

The surgery costs between $5,000 and $8,000.

"It's especially good for people 50 or 70 years of age," Khanna said. "It can correct everything, even if you're far-sighted, near-sighted, astigmatic, or [you have] aging eyes. It corrects everything at once."

Khanna's book, "Pi in eye: Prelex," explains the procedure in detail, along with providing information about LASIK and cataracts.